Monday, May 09, 2011

"The median value of salaries, bonuses and long-term incentive awards for CEOs of 350 major companies surged 11% to $9.3 million, according to a study of proxy statements conducted for The Wall Street Journal by management consultancy Hay Group."

Thursday, May 05, 2011

Jon Weinbach: What would happen if the Dodgers missed payroll is Major League Baseball would fund them -- essentially taking money from all the other owners. So in effect, every owner in major league baseball would be funding the L.A. Dodgers.

Weinbach says McCourt has seriously cut back spending on the team. Rodney Paul, sports economist at St. Bonaventure University, says that's sent the wrong message.

Rodney Paul: It's just you don't want to have a team give the signal that we don't care about winning. As soon as you do that, most fans are not going to be able to justify spending the money to go out to the park.